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January 12, 2024

Sea-Intelligence sees major short-term impact of Red Sea crisis on container capacity

Export - Import, Global Trade, International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are changing daily. The transit times will
January 11, 2024

MSC welcomes another eco-friendly 16K TEU boxship from DSIC

International Shipping, Shipping Line, Trending News
GENEVA : As informed, the vessel MSC Anita was named and delivered on January 9. According to the shipbuilder, the vessel, which is the second boxship delivered to MSC, adopts the design concept of
January 11, 2024

A dynamic start to 2024 – four heavy-lifters join the Intermarine fleet

International Shipping, Project Cargo, Shipping Line, Trade, Trending News
FLORIDA : 2024 is off to a strong start for Intermarine, where the multi-purpose carrier is gearing up for a dynamic year ahead. As the foremost operator in the Americas, the collaboration with heavy-lift
January 11, 2024

Maersk charters ships from ONE and Yang Ming due to “insufficient” fleet

International Shipping, Shipping Line, Trending News
COPENHAGEN : Maersk Line, which had not been as aggressive as its rivals in ordering newbuildings, is now finding itself short of Neo-Panamax ships as more vessels are rerouted round the Cape of Good Hope.
January 11, 2024

Record deliveries could push container fleet above 30 million TEU in 2024

International Shipping, Maritime, Ship Building, Shipping Line, Trade, Trending News
LONDON : “In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is
January 10, 2024

ZIM to deploy tracking devices on its containers

International Shipping, Shipping Line, Technology, Trending News
HAIFA : ZIM Integrated Shipping Services has entered into an agreement with Hoopo Systems for the extensive deployment of advanced tracking devices across its dry container fleet. According to the company’s statement, this move
January 10, 2024

ZIM adds Cai Mep Port call to Asia-East Med service rotation

International Shipping, Shipping Line, Trending News
HAIFA : On 8 January 2023, ZIM Integrated Shipping Services unveiled an enhancement to its ZMP Service, a pivotal route linking Asia with East Mediterranean. The latest development includes the incorporation of an additional
January 10, 2024

Red Sea Crisis: Shipping rates from Mundra to US, Europe skyrocket

Export - Import, Associationn, Logistics, Shipping, Shipping Line, Trade, Trending News
MUMBAI : The Container Shipping Lines Association, (CSLA) a significant group of foreign container shipping lines in India, currently comprising 24 members, has raised an alarm about a substantial increase in freight rates on
January 10, 2024

OOCL revenues plunge in 2023, amid solid container growth

International Shipping, Shipping Line, Trending News
HONG KONG : COSCO-owned Orient Overseas Container Line (OOCL) has seen a huge 49% decrease in its fourth quarter revenues, compared to 2022 Q4, reporting US$1.62 billion. In the same period, OOCL’s total liftings
January 9, 2024

COSCO Shipping halts shipping to Israel : Israeli media

International Shipping, Shipping Line, Trending News
JERUSALEM : Chinese shipping firm COSCO has suspended shipping to Israel, Israeli financial news website Globes reported on Sunday. The report, which did not include details behind the decision, came as shipping lanes in
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